When she left the foster care system at the age of 21, Sara Adcock made some poor financial choices. She ran up credit card debt, causing a low credit score. She took out student loans. Many times, she overspent her budget.But Adcock, now a 30-year-old Joplin High School teacher, didn't even know what a credit score was. She didn’t know that loans had to be paid back. Or that a savings account was even an option."I was just trying to survive," she said.Yet, she was thrust into the real world to figure it out all by herself."My guess is, your parents helped you socialize around this stuff, like looking over the first car lease you made," said foster care expert and MU professor Clark Peters. "Foster youth don’t have that type of guidance."One issue foster care creates is training for financial independence. Some lawmakers want to help with that.House Bill 1715 would allow foster youth 16 and older to open bank accounts independently. Currently, any foster … [Read more...] about Aged-out foster youth face harder paths when navigating the financial world

When she left the foster care system at the age of 21, Sara Adcock made some poor financial choices. She ran up credit card debt, causing a low credit score. She took out student loans. Many times, she overspent her budget.But Adcock, now a 30-year-old Joplin High School teacher, didn't even know what a credit score was. She didn’t know that loans had to be paid back. Or that a savings account was even an option."I was just trying to survive," she said.Yet, she was thrust into the real world to figure it out all by herself."My guess is, your parents helped you socialize around this stuff, like looking over the first car lease you made," said foster care expert and MU professor Clark Peters. "Foster youth don’t have that type of guidance."One issue foster care creates is training for financial independence. Some lawmakers want to help with that.House Bill 1715 would allow foster youth 16 and older to open bank accounts independently. Currently, any foster … [Read more...] about For aged-out foster youth, a harder time navigating the financial world

The plans for Little Rock's new city ID program are coming together now that a banking partner has signed on and a template of the photo identification has been approved. A start date and celebration are set for Saturday, July 7 -- about a year and a half from the first announced start date that kept getting pushed back. There are many touted uses for the city ID, officially known as a municipal ID, but one of the most valuable will be as verification to open bank accounts. So far, First Community Bank is the only local banking partner to officially agree to allow the city ID to be used as a form of identification to open up accounts. When the bank's Hispanic outreach officer, Miguel Lopez, went to get approval from higher-ups to accept the ID, he learned that the bank's procedures already had "city ID" listed as a type of secondary document that could be used to open accounts. Lopez didn't know for certain, when speaking to a reporter recently, all the types of documents that could be … [Read more...] about City IDs now set for issue in July

The CIO 100 Symposium & Awards Ceremony, Aug. 13-15th, will bring together 300+ CIOs and senior IT executives to discuss innovation, enterprise technologies and digital transformation /EIN News/ -- Boston, Mass., May 01, 2018 (GLOBE NEWSWIRE) -- IDG’s CIO — the executive-level IT media brand providing insight into business technology leadership — is pleased to announce the 2018 CIO 100 award honorees and CIO Hall of Fame inductees (click to tweet). For more than 30 years, the annual CIO 100 awards have celebrated 100 organizations and their IT teams for driving business value and growth through digital innovation. CIO is also proud to induct 15 technology business leaders into its CIO Hall of Fame, honoring their profound contributions to the business technology world and their outstanding leadership. All winners will be celebrated at the CIO 100 Symposium and Awards Ceremony – CIO’s most powerful national gathering of CIOs and senior IT … [Read more...] about CIO Celebrates Technology and Business Innovation with 2018 CIO 100 Award Honorees & Hall of Fame Inductees